Services

Consumer bankruptcy,
consumer arrangement

Utilising our comprehensive experience in insolvency proceedings, also from the perspective of the insolvency practitioner, we also advise on the insolvency of non-business individuals, i.e. in a so-called consumer bankruptcy situation – especially in proceedings involving former entrepreneurs or board members (directors & officers).

We never recommend a hasty bankruptcy filing, and any recommendation as to whether to file is preceded by an analysis of the specific situation of the client and his or her family, with an indication of all the consequences and risks that may be relevant to them in connection with a bankruptcy filing.

Importantly, Karol Tatara was involved as an external expert in the work of the Ministry of Justice Team related to the amendment of the bankruptcy law also in the area of consumer bankruptcy.

It is worth bearing in mind that for some time now, debtor-consumers have had at their disposal a restructuring procedure, the so-called consumer arrangement, which can be an interesting alternative to declaring consumer bankruptcy and thus avoiding the negative consequences associated with it.

We encourage you to read
our testimonials

SERVICES

Our offer includes:

Services for restructuring and bankruptcy courts

At the request of bankruptcy and restructuring courts, we also perform the functions of non-judicial bodies of bankruptcy and restructuring proceedings, in particular, the functions of receiver, court supervisor, administrator.

Liability of board members

We represent members of boards of directors in proceedings initiated against them in connection with their functions in the bodies of companies.

Handling the process of liquidation of companies

We conduct legal audits before filing for consumer bankruptcy. We also have experience in conducting niche consumer arrangement proceedings, which can be an interesting alternative to declaring consumer bankruptcy.

Consumer bankruptcy, consumer arrangement

We also advise receivers, administrators or court supervisors in the course of their proceedings.

Analyses/legal opinions

We prepare expert analyses or legal opinions, especially as to the state of insolvency or other legal issues occurring in the course of restructuring or bankruptcy proceedings.

Investments in distressed assets

We advise investors and represent them in asset acquisition transactions in bankruptcy or restructuring proceedings, particularly from receivers or as part of a liquidation arrangement.

Bankruptcy, including prepared liquidation (pre-pack)

We offer professional preparation of bankruptcy petitions, taking care of the legal security of executives. We advise all participants in bankruptcy proceedings. We represent clients before the interim court supervisor, trustee, bankruptcy court. We also have extensive experience in preparing applications for prepared liquidation.

Restructuring, including liquidation arrangement

We develop strategies for clients for restructuring – judicial and extrajudicial. We provide professional advice in all available restructuring proceedings. We support Clients in negotiations with key creditors. We also propose unconventional solutions – such as a liquidation arrangement combined with deletion of the entity from the National Court Register.

News

News and publications